Stay updated with breaking news from Sumeet chatterjee. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
HONG KONG (Reuters) -HSBC said on Tuesday its Chief Executive Noel Quinn will retire - a surprise departure by its hard-nosed leader of five years who has overseen a sweeping series of asset sales across the globe. Quinn, 62, has restored momentum to the bank's profit and share price by getting rid of or slashing in size underperforming businesses, including the lender's retail banking businesses in the U.S. and France, its entire Canadian subsidiary and units in smaller markets such as Argentina. HSBC's shares, which have gained roughly 30% during his tenure, rose about 1.3% and touched a nine-month high in the afternoon session in Hong Kong. ....
BHP Adviser Canvassing Investor Views on Improved Anglo Bid, Sources Say usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Exclusive-China Firms Go 'Underground' on Russia Payments as Banks Pull Back usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
BHP tells investors Anglo bid is 'on strategy', stresses discipline | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China s big banks are throttling payments for such. ....